Capitalism and Freedom: Fortieth Anniversary EditionUniversity of Chicago Press, 2009 M02 15 - 230 pages Selected by the Times Literary Supplement as one of the "hundred most influential books since the war" How can we benefit from the promise of government while avoiding the threat it poses to individual freedom? In this classic book, Milton Friedman provides the definitive statement of his immensely influential economic philosophy—one in which competitive capitalism serves as both a device for achieving economic freedom and a necessary condition for political freedom. The result is an accessible text that has sold well over half a million copies in English, has been translated into eighteen languages, and shows every sign of becoming more and more influential as time goes on. |
Contents
Introduction | 1 |
I The Relation Between Economic and Political Freedom | 7 |
II The Role of Government in a Free Society | 22 |
III The Control of Money | 37 |
IV International Financial and Trade Arrangements | 56 |
V Fiscal Policy | 75 |
VI The Role of Government in Education | 85 |
VII Capitalism and Discrimination | 108 |
Other editions - View all
Capitalism and Freedom: Fortieth Anniversary Edition Milton Friedman,Rose D. Friedman Limited preview - 2002 |
Common terms and phrases
achieve activities amount annuities argument arrangements balance wheel banks capital Capitalism and Freedom cent certification chapter competition contracts costs countries course currency decline dollars earnings economic freedom enforce enterprise equal ernment example exchange rates expenditures favor federal Federal Reserve Act FEPC fiduciary currency finance floating exchange rates foreign fraction free market free society gold standard governmental groups higher important imposed incentive income tax individuals inequality interest intervention investment involved justify Keynesian kind labor labor unions less liberal licensed licensure limited major means measures ment Milton Friedman monetary neighborhood effects nomic occupation particular payments physicians political freedom practice present principles problem produce public housing reason reduce regard restrictions right-to-work law role schools sell social spend stock of money subsidy tariffs technical monopoly tion trade unions United voluntary wage